KBB & NADA, what is meant by a "clean title"?

Discussion in 'The Garage' started by AMCRambler, Sep 15, 2008.

  1. AMCRambler

    AMCRambler Diamond Member

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    I'm selling my 2000 Contour SVT and I'm trying to determine if I've set my asking price correctly. I'm a little confused as to what is meant by a clean title history? Does this refer to flood damage/salvage titles? Or does this mean the car has not been in any accidents?

    I had one accident with the car while I owned it. I was rear ended on an on-ramp at maybe 20mph tops. Not even enough to deploy the air bags, but the rear bumper cover got a nice 12 inch gash punched through it. No frame or bumper damage, so they just replaced the bumper cover with a new re-painted one. Does this mean it does not have a clean title history?
     
  2. iamwiz82

    iamwiz82 Lifer

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    Clean means a non-salvage/rebuilt/whatever your state calls it title.
     
  3. lurk3r

    lurk3r Senior member

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    Clean title does mean no salvage, but your accident does also lower the value of your car, even the minor hole I have in my bumper from a parking lot hit and run will register as an accident and lower the resale value if I have it repaired by someone. (not reported if I replace it myself)
     
  4. AMCRambler

    AMCRambler Diamond Member

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    Gotcha. Thanks guys.
     
  5. railer

    railer Golden Member

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    Not to mention NADA is completely worthless as far as pricing vehilces. Dealers don't even ask NADA retail....
     
  6. angry hampster

    angry hampster Diamond Member

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    I still see it from time to time. However, most do use Kelly Blue Book.